Second-quarter earnings reports last week revealed that Houston-based ConocoPhillips indicated it’s holding off on Permian drilling, while TechnipFMC reported a 1,000-job reduction in its headcount. Meanwhile, Huntsman launched its Venator IPO, which could bring it nearly — or possibly more than — half a billion dollars. Here are five things to know in Texas energy this week.

• The Woodlands-based Huntsman Corp. (NYSE: HUN) launched the initial public offering of its pigments and additives…